Real wages once more: a response to Judy Stephenson

Authors:
ROBERT C. ALLEN
Published Online:
10 Feb 2018
DOI:
10.1111/ehr.12663
Volume/Issue No:
Early View Articles

Additional Options

Abstract

This article examines Judy Stephenson's claim that institutional wage series such as those of Greenwich Hospital overstate the earnings of building workers by 20 to 30 per cent, and it is argued here that the conclusion is unpersuasive. Whatever adjustments to existing wage series are necessary in view of her new evidence would have no significant implications for real wages in England compared to the rest of the world. Consequently, Stephenson's findings do not call into question the high wage explanation for the industrial revolution.

© Economic History Society 2018

Add This Social Media Links